Sp1
S&P500 Two Scenrios A HeadVolatility has remained low the past two months. Even with the recent pullback after the Fed meeting, the index has managed to recover relatively quickly. Now we're back up against a key resistance again. So far we've failed to break above this resistance level. This leads to the possibility of a pullback to test the bottom level of the trend. On the other hand, the price could be setting up for a bullish breakout.
S&P500:TRADING ANALYSIS - BULLISH CHANNEL WAITING NEW IMPULSE🔥Wall Street's major stock indices rose in early Wednesday trading as comments from Federal Reserve officials eased concerns about accelerating inflation and a decline in government bond yields supported big tech stocks. The S&P 500 Index rose 0.25% to 4,198.7 points.
SP-500The market is very overheated. In the last few months, we have seen a very large number of IPOs. For the next month, I don't see any worthy IPOs. I observe a pattern. When the last time this happened, the market corrected.
The printing press works. There is a lot of money. This correction will be bought, especially promising stocks. I will write about them in the next post.
The market needs some pause(rest).
I communicate with many traders and most of them have such problems:
- they sold early;
- they are all in fiat and it looks like a loss.
FOMO (missed opportunity) effect. If we talk about the long-term perspective, you need to buy out the correction, and not enter the market at the top.
Most likely this correction is in the short-term. Cryptocurrencies will also fall, but Bitcoin will recover faster.
Causes:
1.the last year, a large number of Bitcoins were withdrawn from the exchanges - exchange's order books is weak;
2. many funds and public companies want to buy Bitcoin and now have the FOMO effect;
3. BTC supply has decreased.
Do not use leverage, take care of your deposit, and be ready to buy a correction
Best regards EXCAVO
ES1! E-Mini 2/3 Morning UpdateMost of the heavily weighted earnings for this week is behind us, markets rally yesterday is starting to see some cool off this morning, as seen by the consolidation/accumulation area we're in. This could be either because of anticipation for the economic news later this week, or buyers of been exhausted from yesterday's rally. Mainly bearish today. Starting to see some bearish indication from weakness in price movement, volume, and indicators.
Short
Lower price level marked, with a target on yesterdays low areas
Long
break of last weeks high, following with a stop loss
S&P 500 : BULLISH FLAG PATTERN ON H4 TIMEFRAME R/R 1.4% 🔔Welcome back Traders, Investors and Community!
Analysis of #S&P 500
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Strategy: Bullish Flag pattern with R/R 1.4 - We will be waiting for all the confirmations to enter in this trade.
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Walter
Get ready for an ATH.... you heard hereGet ready for an ATH.... you heard here
Long S&P 500 for a bounce, this will break all time highs. No volume on the sells which means more shake up north. Vehicle sales are crazy on December. Same thing that happened during summer. Rinse an Repeat of summer but winter
Market Dip confirmed!Market Dip confirmed! As always the market makes it's typical 2-3 day sell-off that every retailer short or weak long sells out and market responds with a rise premarket. This has been a play that market has done over and over as it's the least cost to it and it's rewarding the least holders in this case longs. I expect us to test S&P 500 ATH soon and past it a good 3-5% above the previous ATH.
Long /ES futures before market opens
TSLA same ol sameTSLA same ol same. Exposition news should be an indicator of what the "market" is trying to make you do... aka sell or short it. In this case as we all know this game is all pscyhology. When you see news like that on dips that means we're about to launch and the market wants to ensure the least amount of open longs.
Long here baby. As always every dip bought.